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Pricing Actuary (m/f/d)* (24 months) job in München

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München Munich Re

Job Ref:	3864
Employer:	Munich Re
Sector:	Reinsurance Risk Management
Qualifications:	Part Qualified Actuary
Software:	R Axis Prophet
Job Type:	Full Time
Salary and Benefits:	Competitive
Remote:	No
Location
Country:	Germany
City:	München
Post Code:	Not specified
Map:	(Show on map)
Description
Intended time frame: April 2024 - March 2026 We're looking for a pricing actuary to fill a vacancy during a parental leave in the Center of Competence Best Estimates & Pricing. The team develops reinsurance pricing tools, methodology, and biometric assumptions for Life and Health business in Europe and Latin America. We also supports market pricing units on tailor-made reinsurance pricings, product development and further reinsurance services. We excel in keeping actuarial assumptions and methods for life and health insurance up to date. We leverage our close cooperation with experts on markets, risk management, data and medical science as well as with our international colleagues within Munich Re's global Life and Health units. We provide the market teams with state of the art infrastructure and standards for quantitative and qualitative assessments of R/I pricings for new business opportunities and monitoring of our inforce portfolio. We're thus ensuring essential support for our successful business development and quality assurance of our reinsurance portfolio. YOUR JOB Deriving or approving biometric assumptions for health, and disability ormortality business for reinsurance quotations or product development services, Support internal risk assessments and monitoring cycle (Mocca process) and complex R/I pricings (Axis) (Driving or) participating in agile projects and initiatives supporting our business strategy Consulting and training of colleagues and cedents Close collaboration with client pricing and business units, expert units Integrated Analytics, Medical Research, Underwriting and Claims as well as with central units Corporate Underwriting and Valuation YOUR PROFILE Very good degree in mathematics, actuarial science or comparable qualification, membership in the DAV or a comparable foreign Association of Actuaries Working experience in primary insurance or reinsurance desirable, experience with pricing and assumption setting for Health products is an advantage Very good analytical skills, ability to comprehend complex actuarial issues and explain to others creativity and ability to develop new solutions/concepts High degree of entrepreneurial attitude, costumer orientation, responsibility and motivation good presentation and trainer skills Knowledge of insurance modelling software AXIS, Prophet or similar helpful Fluent in written and spoken English, basic command of German required; good command of French or Spanish helpful About us As the world's leading reinsurance company with more than 11,000 employees at over 50 locations, Munich Re introduces a paradigm shift in the way you think about insurance. By turning uncertainty into a manageable risk we enable fundamental change. Join us working on topics today that will concern society tomorrow, whether that be climate change, major construction projects, medical risk assessment or even space travel. Together we embrace a culture where multiskilled teams dare to think big. We create the new and the different for our clients and cultivate innovation. Sounds like you? Push boundaries with us and be part of Munich Re. Our employees are our greatest strength. That's why we offer them a wide range of benefits. You can find some examples below. Unlock your potential Diversity, Equity & Inclusion: we embrace the power of differences and are convinced that diversity fosters innovation and resilience and enables us to act braver and better. Continuous Learning: we believe that continuous learning is a key differentiator and critical for building new skills and accelerating growth. Career Mobility: we actively support career mobility, and our strong global and regional presence offers a wealth of career growth opportunities for you. Rewards & Recognition Competitive salary: appropriate compensation for your high level of commitment. Retirement provision: state of the art in-house pension solutions. Work-life balance: promoting the compatibility of family and work in addition to overall work-life balance. Health management: focus on your physical and mental health far beyond legal requirements. Hybrid working: living the best of both worlds - we offer you a very flexible approach as well as the opportunity to work from abroad on an occasional basis. * Munich Re not only stands for fairness with regard to its clients; it is also an equal opportunities employer. Severely disabled candidates will also be prioritized, if equally qualified. Münchener Rückversicherungs-Gesellschaft Katharina Schlechter • HR Consultant Königinstraße 107 • 80802 München • GERMANY

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